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PUT
Update business application details

Authorizations

X-Application-Token
string
header
required

Application-specific token for public URL access. Generated when a customer is created. Provides access to a single application without requiring an API key. Token is valid for 90 days and rate-limited to 250 requests per hour.

Headers

x-idempotency-key
string<uuid>
required

Unique key (UUID) to ensure request idempotency on POST, PUT and PATCH requests.

A key is scoped to your client, the HTTP method and the path, and is remembered for 24 hours after a successful (below 400) response. Repeating the same request (same JSON body, whatever the key order or whitespace) with the same key within that window returns the original response with X-Idempotent-Replayed: true instead of executing the request again. Using the same key on the same endpoint with a different body returns 422 with problem type idempotency-key-reused; the request is not executed. Error responses (4xx and 5xx) are not remembered, so a request refused for a fixable reason can be corrected and retried under the same key. Request bodies that are not JSON (for example file uploads) are not compared.

Path Parameters

application_id
string
required

KSUID is a 27-character globally unique ID that combines a timestamp with a random component. Used for all entity identifiers in the Dakota platform.

Required string length: 27
Pattern: ^[0-9A-Za-z]{27}$
Example:

"1NFHrqBHb3cTfLVkFSGmHZqdDPi"

Body

application/json

Legal name of the business entity

Example:

"Acme Corporation"

country_of_incorporation
string
required

ISO 3166-1 alpha-2 country code where the business is incorporated

Required string length: 2
Example:

"US"

date_of_incorporation
string<date>
required

Date when the business was incorporated (ISO 8601 format)

Example:

"2020-01-15"

Legal entity type of the business. Note: trust, government_entity, and sole_proprietorship are not eligible for onboarding.

Available options:
corporation,
llc,
general_partnership,
llp,
non_profit_foundation,
trust,
government_entity,
sole_proprietorship
Example:

"llc"

registration_number
string
required

Business registration number

Example:

"123456789"

registered_address
Address · object
required

Standardized physical address format used throughout the Dakota platform for user and entity addresses.

industry_code
enum<string>
required

Industry classification code: a NAICS 2022 code (5 or 6 digits) or one of Dakota's 00xxxx crypto codes, as offered by the Dakota dashboard industry picker.

Also accepted, as deprecated aliases: the 204 retired NAICS 2017 codes that NAICS 2022 renumbered one-to-one (for example 511210, now 513210). Dakota stores and returns the NAICS 2022 code instead. x-naics-2017-aliases lists each alias and its replacement.

Retired NAICS 2017 codes that NAICS 2022 split across several industries are rejected with a 400; choose the specific NAICS 2022 code instead: 212113, 45399, 453998, 45411, 454110, 45439, 454390, 51511, 51512, 515120, 51731, 517312, 51791, 517911, 51913, 519130. NAICS 2022 code list: https://www.census.gov/naics/2022NAICS/2-6%20digit_2022_Codes.xlsx

Available options:
001000,
001100,
001110,
001200,
001210,
001220,
001230,
001300,
001310,
001320,
001400,
001410,
001500,
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52314,
523140,
52315,
523150,
52316,
523160,
52321,
523210,
52391,
523910,
52392,
523920,
52393,
523930,
52394,
523940,
52399,
523991,
523999,
52411,
524113,
524114,
52412,
524126,
524127,
524128,
52413,
524130,
52421,
524210,
52429,
524291,
524292,
524298,
52511,
525110,
52512,
525120,
52519,
525190,
52591,
525910,
52592,
525920,
52599,
525990,
53111,
531110,
53112,
531120,
53113,
531130,
53119,
531190,
53121,
531210,
53131,
531311,
531312,
53132,
531320,
53139,
531390,
53211,
532111,
532112,
53212,
532120,
53221,
532210,
53228,
532281,
532282,
532283,
532284,
532289,
53231,
532310,
53241,
532411,
532412,
53242,
532420,
53249,
532490,
53311,
533110,
54111,
541110,
54112,
541120,
54119,
541191,
541199,
54121,
541211,
541213,
541214,
541219,
54131,
541310,
54132,
541320,
54133,
541330,
54134,
541340,
54135,
541350,
54136,
541360,
54137,
541370,
54138,
541380,
54141,
541410,
54142,
541420,
54143,
541430,
54149,
541490,
54151,
541511,
541512,
541513,
541519,
54161,
541611,
541612,
541613,
541614,
541618,
54162,
541620,
54169,
541690,
54171,
541713,
541714,
541715,
54172,
541720,
54181,
541810,
54182,
541820,
54183,
541830,
54184,
541840,
54185,
541850,
54186,
541860,
54187,
541870,
54189,
541890,
54191,
541910,
54192,
541921,
541922,
54193,
541930,
54194,
541940,
54199,
541990,
55111,
551111,
551112,
551114,
56111,
561110,
56121,
561210,
56131,
561311,
561312,
56132,
561320,
56133,
561330,
56141,
561410,
56142,
561421,
561422,
56143,
561431,
561439,
56144,
561440,
56145,
561450,
56149,
561491,
561492,
561499,
56151,
561510,
56152,
561520,
56159,
561591,
561599,
56161,
561611,
561612,
561613,
56162,
561621,
561622,
56171,
561710,
56172,
561720,
56173,
561730,
56174,
561740,
56179,
561790,
56191,
561910,
56192,
561920,
56199,
561990,
56211,
562111,
562112,
562119,
56221,
562211,
562212,
562213,
562219,
56291,
562910,
56292,
562920,
56299,
562991,
562998,
61111,
611110,
61121,
611210,
61131,
611310,
61141,
611410,
61142,
611420,
61143,
611430,
61151,
611511,
611512,
611513,
611519,
61161,
611610,
61162,
611620,
61163,
611630,
61169,
611691,
611692,
611699,
61171,
611710,
62111,
621111,
621112,
62121,
621210,
62131,
621310,
62132,
621320,
62133,
621330,
62134,
621340,
62139,
621391,
621399,
62141,
621410,
62142,
621420,
62149,
621491,
621492,
621493,
621498,
62151,
621511,
621512,
62161,
621610,
62191,
621910,
62199,
621991,
621999,
62211,
622110,
62221,
622210,
62231,
622310,
62311,
623110,
62321,
623210,
62322,
623220,
62331,
623311,
623312,
62399,
623990,
62411,
624110,
62412,
624120,
62419,
624190,
62421,
624210,
62422,
624221,
624229,
62423,
624230,
62431,
624310,
62441,
624410,
71111,
711110,
71112,
711120,
71113,
711130,
71119,
711190,
71121,
711211,
711212,
711219,
71131,
711310,
71132,
711320,
71141,
711410,
71151,
711510,
71211,
712110,
71212,
712120,
71213,
712130,
71219,
712190,
71311,
713110,
71312,
713120,
71321,
713210,
71329,
713290,
71391,
713910,
71392,
713920,
71393,
713930,
71394,
713940,
71395,
713950,
71399,
713990,
72111,
721110,
72112,
721120,
72119,
721191,
721199,
72121,
721211,
721214,
72131,
721310,
72231,
722310,
72232,
722320,
72233,
722330,
72241,
722410,
72251,
722511,
722513,
722514,
722515,
81111,
811111,
811112,
811113,
811114,
811118,
81112,
811121,
811122,
81119,
811191,
811192,
811198,
81121,
811210,
811211,
811212,
811213,
811219,
81131,
811310,
81141,
811411,
811412,
81142,
811420,
81143,
811430,
81149,
811490,
81211,
812111,
812112,
812113,
81219,
812191,
812199,
81221,
812210,
81222,
812220,
81231,
812310,
81232,
812320,
81233,
812331,
812332,
81291,
812910,
81292,
812921,
812922,
81293,
812930,
81299,
812990,
81311,
813110,
81321,
813211,
813212,
813219,
81331,
813311,
813312,
813319,
81341,
813410,
81391,
813910,
81392,
813920,
81393,
813930,
81394,
813940,
81399,
813990,
81411,
814110,
92111,
921110,
92112,
921120,
92113,
921130,
92114,
921140,
92115,
921150,
92119,
921190,
92211,
922110,
92212,
922120,
92213,
922130,
92214,
922140,
92215,
922150,
92216,
922160,
92219,
922190,
92311,
923110,
92312,
923120,
92313,
923130,
92314,
923140,
92411,
924110,
92412,
924120,
92511,
925110,
92512,
925120,
92611,
926110,
92612,
926120,
92613,
926130,
92614,
926140,
92615,
926150,
92711,
927110,
92811,
928110,
92812,
928120
Example:

"541511"

business_description
string
required

Detailed description of the business activities

Example:

"Software development and technology consulting services"

purpose_of_account
enum<string>[]
required

Intended purposes for the account (at least one required)

Minimum array length: 1
Available options:
operating_otc_service,
accepting_donations,
payment_processing_platform,
third_party_payments,
first_party_payments,
proprietary_trading,
business_expenses,
storage_of_funds_or_assets
Example:
average_monthly_revenue
enum<string>
required

Expected average monthly revenue range

Available options:
0_to_500k,
500k_to_1m,
1m_to_5m,
5m_to_10m,
10m_to_50m,
50m_to_100m,
100m_plus
Example:

"1m_to_5m"

expected_monthly_deposit
enum<string>
required

Expected monthly deposit range

Available options:
0_to_50k,
50k_to_100k,
100k_to_500k,
500k_to_1m,
1m_to_5m,
5m_to_10m,
10m_to_20m,
20m_to_50m,
50m_plus
Example:

"100k_to_500k"

expected_monthly_transaction_volume
enum<string>
required

Expected monthly transaction volume range

Available options:
0_to_10,
10_to_20,
20_to_50,
50_to_100,
100_to_250,
250_to_500,
500_plus
Example:

"50_to_100"

source_of_funds
enum<string>[]
required

Sources of funds for the business (at least one required)

Minimum array length: 1
Available options:
ico_token_sale,
donations,
loan_funding,
crowdfunding,
proprietary_funds,
sale_of_goods_and_services,
investments,
sale_of_assets,
customer_funds,
grants,
intercompany_transfer
Example:
has_bearer_shares
boolean
required

Whether the company issues bearer shares

Example:

false

transact_on_behalf_of_third_parties
boolean
required

Whether the business will transact (trading or transmitting funds) on behalf of third parties. Triggers EDD requirement if true.

Example:

false

owned_by_foundation
boolean
required

Whether the business is owned by a foundation

Example:

false

tax_id_number
string

Tax identification number (required for US entities)

Example:

"12-3456789"

dba
string

Doing Business As name

Example:

"Acme Inc"

operating_address
Address · object

Standardized physical address format used throughout the Dakota platform for user and entity addresses.

website
string

Business website URL

Example:

"https://www.acme.com"

business_email
string<email>

Primary business contact email address

Example:

"contact@acmecorp.com"

business_phone
string

Business phone number (optional). Spaces, dashes, dots and brackets are accepted and removed; the number is stored and returned in E.164 format (a plus sign and 8 to 15 digits, for example +14155550123). The country code is required: a number without + and a country code is rejected with 400. A number under +1 (North America) must have exactly 10 digits after the +1, and its area code and exchange cannot start with 0 or 1; otherwise it is rejected with 400. Leave it out (or send an empty string) to keep the number already on file; a phone number cannot be cleared through the API. A request without one succeeds and the response carries a business_phone entry in warnings.

Example:

"+14155550123"

Response

Business application details updated successfully

Response containing business entity data

application_id
string
required

The application ID

Required string length: 27
Pattern: ^[0-9A-Za-z]{27}$
Example:

"1NFHrqBHb3cTfLVkFSGmHZqdDPi"

application_status
enum<string>
required

Current status of the application

Available options:
pending,
submitted,
under_review,
request_for_information,
admin_revision,
approved,
declined,
completed,
compliance_review,
closed
Example:

"submitted"

business
object
required

The business entity data

application_decision
enum<string> | null

Decision outcome (if any)

Available options:
approved,
declined,
withdrawn
warnings
object[]

Non-blocking findings about the saved data. The request succeeded; the listed fields are optional today and may become required. Omitted when there are none.